Quote:
Originally Posted by Unregistered
Wrong. People from settlements, clearing or whatever work long hours, have crappier pay and bonuses and are generally not as mobile as those in 'middle office'.
|
Middle office claiming superiority over backoffice. What a joke..lol. Fact is 1. anyone from back office can do an internal transfer to middle office, but not front office. 2. Middle office don't generate revenue I.e. cost centre. 3. Middle office don't require top grades nor uni to enter, unlike front office. So no need to emphasize you're "middle office" and laugh at the "Ops" guys. Your traders don't give a darn you're credit risk, KYC, settlements or compliance.